Question:
The question mark in the picture given below represents a financial incentive. Identify the incentive:
The question mark in the picture given below represents a financial incentive. Identify the incentive:
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Remember: "Perks" (Perquisites) are extra lifestyle benefits like cars, rent-free homes, and medical facilities given by an employer above the base salary.
Updated On: Jun 25, 2026
- Pay and allowances
- Retirement benefits
- Productivity linked wage incentives
- Perquisites
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The Correct Option is D
Solution and Explanation
Step 1: Concept
Financial Incentives in the directing phase of management.
Step 2: Meaning
Financial incentives are direct monetary rewards or measurable benefits given to employees to motivate them to improve performance.
Step 3: Analysis
• The provided image illustrates various additional facilities granted by a company, such as company-provided housing, education to children, medical aid, and a car allowance.
• Pay and allowances refer specifically to the basic salary and standard financial allowances.
• Retirement benefits refer to post-employment benefits like provident funds and pensions.
• These specific extra benefits offered over and above the regular salary to enhance the employee's lifestyle are categorized as fringe benefits or perquisites.
Step 4: Conclusion
Hence, the facilities depicted in the diagram accurately represent perquisites.
Final Answer: (D)
Financial Incentives in the directing phase of management.
Step 2: Meaning
Financial incentives are direct monetary rewards or measurable benefits given to employees to motivate them to improve performance.
Step 3: Analysis
• The provided image illustrates various additional facilities granted by a company, such as company-provided housing, education to children, medical aid, and a car allowance.
• Pay and allowances refer specifically to the basic salary and standard financial allowances.
• Retirement benefits refer to post-employment benefits like provident funds and pensions.
• These specific extra benefits offered over and above the regular salary to enhance the employee's lifestyle are categorized as fringe benefits or perquisites.
Step 4: Conclusion
Hence, the facilities depicted in the diagram accurately represent perquisites.
Final Answer: (D)
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